Binance has recently purchased $299 million worth of Bitcoin to bolster their reserve, reflecting their strategic approach amid market fluctuations. This move aligns with a broader trend among major exchanges to hold Bitcoin as a reserve asset, which serves as a hedge against volatility and helps support the stability of the cryptocurrency ecosystem.
Cango sold 4,451 Bitcoins for approximately $305 million to repay its Bitcoin-backed debt and to facilitate its expansion into AI compute infrastructure. This move aligns with a broader industry trend where companies with cryptocurrency-backed loans […]
Canaan Inc., a technology company specializing in crypto mining, reported a robust financial performance for the full year ending December 31, 2025, with total revenues soaring to $529.7 million, marking a 96.7% increase from the […]
Data from multiple major exchanges revealed abnormal price fluctuations in BTC and ETH today, with movements ranging from 1% to 5% in a short period between 00:05 and 00:17. This unusual activity is speculated to […]